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13701 SW 248th Street, Homestead, FL 33032

New Listing
$23,750,000
Property Type: Land & Docks Lot Size (sq. ft.): 404,237 Status: Active
Current Price: $23,750,000 List Date: 7/27/2026 Last Modified: 7/28/2026

Description

Exceptional opportunity to acquire a 9.28± acre mixed-use development site in the rapidly expanding Princeton submarket of South Miami-Dade. This transit-oriented development opportunity allows a developer to move forward with one of the area's most significant high-density residential projects. The current proposal includes 846 multifamily residential units within 8- to 12-story buildings, complemented by approximately 90,000 SF of ground-floor commercial space, creating a vibrant live-work-shop environment. Strategically positioned along SW 137th Avenue, the property offers outstanding visibility and frontage in one of South Florida's fastest-growing residential corridors. The proposed development aligns with Miami-Dade County's long-term vision for higher-density, transit-supportive communities while addressing the increasing demand for workforce and attainable housing. Surrounded by ongoing residential growth, expanding infrastructure, and major transportation corridors, this site presents a rare opportunity for developers seeking a large-scale mixed-use project in one of South Miami-Dade's most active development markets. Great location with convenient access to Florida's Turnpike, US-1, and the South Dade Transit Corridor.

More Information MLS# A12060460

Contract Information

Comp Sale YN: No LP/Acre: 2559267.24 LP/Frontage: 48868.31 Listing Date: 2026-07-27 Status: Active Original List Price: 23750000 List Price: $23,750,000 Current Price: $23,750,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Homestead Municipal Code: 30 Postal Zip: 33032 Subdivision Number: 0 Flood Zone: X Country: United States Street Number: 13701 Street Direction Prefix: SW Street Name: 248th Street Suffix: Street State Or Province: FL Postal Code: 33032 Area: 2690 Elementary School: Redland Middle Or Junior School: Redland High School: South Dade Parcel Number: 3069220000451 Zoning: 9000

General Property Information

Lot Size Dimensions: 404236.8 Lot Depth: 1186 Lot Frontage: 486 LP/SqFt: 58.75 Property Sub Type: Unimproved Land Lot Size Acres: 9.28 Lot Size Square Feet: 404236.8

Financial Information

Estimated Monthly Assoc Recurring Fee: 0 Tax Year: 2025 Tax Annual Amount: 130384 Tax Legal Description: 22 56 39 51.72 AC M/L E1/2 OF SE 1/4 LESS SW 1/4 OF SE1/4 OF SE1/4 & LESS E537FT OF NE1/4 OF SE1/4 & LESS N95FT OF E537FT OF SE1/4 OF SE1/4

Office/Member Information

DXORIGMLSID: SEF

Comprehensive Plan Use

Intensive Development: 1 Suburban: 1 Other: 1

Current Use

Multi-Family: 1 Unimproved: 1

Environmental Audit

Phase 1: 1

Location of Property

City Location: 1 County Location: 1

Possession

Negotiable: 1

Special Information

County Jurisdiction: 1

Utilities

Sewer Available: 1 None: 1

Listing Terms

Cash: 1

Road Responsibility

Public Maintained Road: 1

Water Source

Public: 1

Income and Expenses

Inc/Exp Statement Period: 0

Showing Requirements

Call Listing Agent: 1

Price Calculations

Current Price To SqFt: 58.75

Section Details

Parcel Number MLX: 0451

Acreage Description

5 To Less Than 10 Acre Lot: 1

Status Change Information

Major Change Timestamp: 2026-07-27T04:00:00Z Major Change Type: New Listing Status Change Date: 2026-07-27

Originating Details

Originating System Key: 536680553 Originating System ID: M00000151

Property Features

Comprehensive Plan Use: Intensive Development; Suburban; Other Current Use: Multi-Family; Unimproved Environmental Audit: Phase 1 Location of Property: City Location; County Location Possession: Negotiable Special Information: County Jurisdiction Utilities: Sewer Available; None Listing Terms: Cash Road Responsibility: Public Maintained Road Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: 5 To Less Than 10 Acre Lot
Listing Office: RE/MAX 360 Real Estate
Last Updated: July - 28 - 2026
13701 SW 248th Street, Homestead, FL 33032- MLS# A12060460
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